USACE TRANSFERS 600 ACRES OF LAKEFRONT LAND TO CITY OF DENISON

DENISON, TEXAS — The City of Denison has received 600 acres of lakeside property fronting Lake Texoma in Denison from a deed transfer from the United States Army Corps of Engineers (USACE). The site is situated along nine miles of Lake Texoma shoreline. The land will be part of the planned 3,000-acre mixed-use development, which Schuler Development, the project's developer, believes will create more than $1.9 billion in new investments. Schuler Development and the City of Denison have been working on the planned development for more than 12 years.